Ripple (XRP): Weekend Price Prediction

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XRP has recently won its case against the US SEC. With Ripple securing a massive win against the US SEC, the crypto market is rejoining the collective success, delivering stable gains in return. At press time, XRP is trading at $0.5996, up 0.9% in the last 24 hours.

With the legal hurdles now sorted, XRP enthusiasts hope the token will carve its independent price path. Crossing Ripple’s $0.65 price barrier would entail significant relief, compelling the coin to climb to new price highs. Will XRP be able to cross past the critical juncture?

Market Reaction to the SEC Win

This development ushered in a wave of change in the crypto market, bringing significant gains for the collective altcoin market. According to Santiment, the market is recovering, as XRP’s win is celebrated across all fronts.

XRP’s Future Price Path

Now that the token is free from the SEC’s rulings, XRP can carve its price path. According to CoinCodex, the token can encounter severe resistance at certain price levels. This means XRP may have difficulty crossing specific price barriers due to low technical support. However, it can break into a stunning bullish streak once it crosses such price barriers.

“Based on today’s classical pivot point (P1) with a value of $0.578636, XRP has support levels of $0.521687, $0.439374, and the strongest at $0.382425. Similarly, XRP resistance levels are at $ 0.660949, $ 0.717897, and $ 0.80021.”




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